Robinhood Expands Globally: Acquires Canadian Crypto Platform WonderFi

US-based financial services company Robinhood has announced the acquisition of Canadian cryptocurrency platform WonderFi for $179 million, marking a significant expansion into the Canadian crypto market. This strategic move positions Robinhood to offer innovative and user-centric cryptocurrency products to Canadian users. The company’s stock value surged by around 9% following the announcement, reflecting investor confidence in its international growth strategy.